Scenario planning is an approach used to prepare for just-in-case futures. Disruptions such as BREXIT and the pandemic have shortened the planning horizons, heightened the need for leveraging data, and brought in digital collaboration/ distanced work as three key elements of just-in-case supply chain configuration planning (Joglekar and Phadnis, SMR 2020; Phadnis and Joglekar, POM 2021). In addition to such collaborative planning, we also see specters of completing policy regimen, such as deglobalization trends and tensions between state actors, affecting supply chain planning scenarios (Srai, Tsolakis and Joglekar, 2020). We draw upon evidence from (i) pandemics and (ii) widespread farmer protests in India to highlight underlying planning challenges. We then identify potential research opportunities -- empirical, behavioral, and analytical-that are associated with emergent field of just-in-case supply chain scenario planning.
1. Joglekar, N., & S. Phadnis (2020) Accelerating Supply Chain Scenario Planning (Attached)
2. Phadnis, S., & Joglekar, N. (2021). Configuring Supply Chain Dyads for Regulatory Disruptions: A Behavioral Study of Scenarios. Production and Operations Management forthcoming https://onlinelibrary.wiley.com/doi/pdf/10.1111/poms.13290
3. Srai, J. S., Tsolakis, N., & Joglekar, N. (2020). Interplay between Competing Policy Regimen in Supply Networks. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3745731 Note: This paper looks into supply chain aspects of the current farmer protests in India.
About the Speaker
Professor Nitin Joglekar is on faculty at Boston University's Questrom School of Business. He has been a department editor for industry studies and public policy at the Production & Operations Management Journal (POM). He is currently serving as an expert on advanced manufacturing and digital supply chains for the Global Futures Council at the World Economic Forum. He is also serving as a co-editor for POM's upgoing special issue on pandemics.
Home Page: http://people.bu.edu/joglekar/